Clean Air Metals (CVE:AIR) Trading 14.3% Higher

Clean Air Metals Inc. (CVE:AIR)’s share price shot up 14.3% during trading on Tuesday . The stock traded as high as C$0.04 and last traded at C$0.04. 329,650 shares traded hands during mid-day trading, an increase of 33% from the average session volume of 248,183 shares. The stock had previously closed at C$0.04.

Clean Air Metals Trading Up 14.3 %

The company has a 50 day moving average price of C$0.04 and a 200 day moving average price of C$0.05. The company has a debt-to-equity ratio of 0.03, a quick ratio of 2.49 and a current ratio of 40.91. The firm has a market cap of C$8.96 million, a price-to-earnings ratio of -1.75 and a beta of 0.96.

Clean Air Metals Company Profile

Clean Air Metals Inc, an exploration company, engages in the identification, acquisition, exploration, and development of mineral properties in Canada. The company primarily explores for platinum, palladium, copper, and nickel deposits. Its flagship properties are the Thunder Bay North Critical Minerals Project that comprises of three separate claim blocks which includes the Thunder Bay North Property consists of 300 unpatented claims covering an approximately area of 29,725 hectares; the Escape Lake Property consists of 20 unpatented claims with an area of 561.3 hectares; and the Escape North Property consists of 24 unpatented claims with an area of 1722 hectares located in Ontario, Canada.